BULLETIN FROM AB NOVESTRA’S ANNUAL GENERAL MEETING
At yesterday’s Annual General Meeting in AB Novestra, ordinary board members Theodor Dalenson, Colin Kingsnorth, Anders Lönnqvist, Bertil Villard and David E Marcus were re-elected in accordance with the proposal of the nomination committee. KPMG Bohlins AB, with Ingrid Hornberg Román as engagement partner, was elected up until the AGM to be held in 2011.
At the constituent board meeting following the Annual General Meeting, Theodor Dalenson was appointed Chairman.
It was resolved that, for those board members who do not draw salary from the company, a Directors’ remuneration to the sum of SEK 400 000 be paid out and distributed, of which the members of the Board are entitled to SEK 100 000 each. It was resolved that auditors’ remuneration be paid as per current account.
The Annual General Meeting resolved on the proposed distribution to shareholders of SEK 5.00 per share regarding redemption procedure comprising share split, reduction of the share capital through redemption of shares and increase in the share capital through a bonus issue. The record date was determined as May 9, 2007. The distribution is scheduled to be distributed on or about June 4, 2007.
The Annual General Meeting resolved the proposal regarding guidelines for remuneration for the Management and also approved a bonus plan for the Company’s employees for the financial year 2007, the terms unchanged from last year.
Furthermore, according to a proposal by the Board, it was also approved to authorise the Board to, up until the next Annual General Meeting, and on one or several occasions, and with or without preferential rights for the shareholders, issue, in total, a maximum of 6 000 000 new shares. The previous authorisation to issue 6 000 000 new shares, which was decided at last year’s Annual General Meeting, and which has not been utilised, was valid up to this year’s Annual General Meeting and has consequently lapsed.
For further information please contact Johan Heijbel, Managing Director, AB Novestra, phone No. +46 8 545 017 50.
About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of privately held growth companies including Diino AB, Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc.
The Novestra shares are listed on the OMX Nordic Exchange Stockholm. For further information regarding AB Novestra, reference is made to www.novestra.com
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